Russia’s UAC narrows 2012 net loss
Russia’s United Aircraft Corp. (UAC) reported a 2012 net loss of RUB5.6 billion ($178 million), narrowed from a RUB13.35 billion loss year-over-year. UAC VP Vladimir Chirikov said the company’s main goal is to return to profitability in two years. Revenue rose 6% to RUB171.02 billion, falling short...
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